Crew Energy Inc (CR) Given Consensus Rating of “Buy” by Analysts

Crew Energy Inc (TSE:CR) has been given a consensus recommendation of “Buy” by the twelve analysts that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$7.27.

A number of equities analysts have issued reports on CR shares. CIBC boosted their price objective on shares of Crew Energy from C$5.00 to C$5.50 in a research report on Monday, November 6th. CSFB decreased their price objective on shares of Crew Energy from C$5.00 to C$4.75 in a research report on Friday, November 3rd. TD Securities cut shares of Crew Energy from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$5.50 to C$5.00 in a research report on Monday, October 2nd. Eight Capital reaffirmed a “buy” rating and set a C$6.25 target price on shares of Crew Energy in a research note on Wednesday, September 27th. Finally, Laurentian cut their target price on shares of Crew Energy from C$5.75 to C$5.25 in a research note on Friday, October 6th.

Crew Energy (TSE CR) traded up C$0.04 during mid-day trading on Monday, hitting C$3.59. 282,590 shares of the company’s stock were exchanged, compared to its average volume of 984,513. Crew Energy has a 12-month low of C$3.40 and a 12-month high of C$7.79.

In other news, insider Kenneth Truscott sold 43,225 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of C$4.19, for a total value of C$181,112.75. Also, insider Gmt Capital Corp bought 11,000 shares of the company’s stock in a transaction dated Monday, September 18th. The stock was purchased at an average price of C$3.17 per share, for a total transaction of C$34,870.00. Insiders have bought a total of 525,000 shares of company stock worth $1,705,136 in the last ninety days.

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Crew Energy Company Profile

Crew Energy Inc is a Canada-based oil and gas exploration, development and production company. It is a growth-oriented oil and natural gas producer. The Company’s activities are primarily focused in the Montney Resource situated in northeast British Columbia. Its Montney Resource is complemented by its Lloydminster heavy oil property in Alberta and Saskatchewan.

Analyst Recommendations for Crew Energy (TSE:CR)

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